Jet Airways promoter and former chairman Naresh Goyal Wednesday said he has agreed to “every term and condition” of lenders to ensure funds for the airline.
The crisis-hit carrier is set to undergo a debt resolution whereby lenders will take control and also infuse funds worth Rs 1,500 crore.
“I have agreed to each and every term and condition laid down by them in a timely manner.
“I have given all facilitation for implementation of the ‘Resolution Plan’ and signed on the dotted line as required to ensure release of the much needed funds committed by the lenders, in order to secure a sustainable future for Jet Airways,” Goyal said in a statement.